Edward Jones' Mahajan Doesn't See Deep Recession in US

The video discusses the recent bear market rally, driven by anticipation of a favorable CPI print. It highlights the impact of inflation on different economic segments, particularly those living paycheck to paycheck. The discussion also covers the potential for a soft landing amid an unprecedented Fed cycle, with a focus on the likelihood of a recession and economic momentum as the year progresses.

What is one of the main factors driving the recent bear market rally?

• Decreased interest rates

• Rising commodity prices

• Anticipation of a lower CPI print

• Increased consumer spending

Which group is most affected by the current high inflation?

• People living paycheck to paycheck

• High-income earners

• Middle-class families

• Retirees

What recent change in economic metrics suggests a positive shift in inflation expectations?

• Decrease in ISM prices paid index

• Increase in housing prices

• Growth in retail sales

• Rise in unemployment rates

What is the Fed's target terminal rate in the current cycle?

• 2%

• 3%

• 5%

• 4%

How many of the last 14 Fed cycles ended in recession?

• 5

• 14

• 8

• 11